Mirror Trading

[TT61]

Does IG offer something like mirror or copy trading?

[AshishIG]

On 26/04/2023 at 10:50, TT61 said:

Does IG offer something like mirror or copy trading?

Hi @TT61,

With IG, this can be done through two options: Our Signal services on the IG web platform or via MT4. In order to initiate copy trading on the IG platform, please follow the steps provided below:

-Create a new IG account or log in to your existing one.
-Conduct some initial market research to gather relevant information.
-Locate the social trading board, which can be found in the bottom-left corner of the platform, labeled as "Signals."
-Within the IG trading platform, copy the trades that align with your strategy and open a position. Remember to set stops and limits to effectively manage your risk.
-Continuously monitor your position and close it when necessary.

If you choose to utilize MT4, you can subscribe to Signals and proceed with copying trades.

However, before proceeding with copy trading, we kindly request you to familiarize yourself with how it works, as well as the advantages and disadvantages associated with it.

All the best,
AshishIG